new energy vehicle purchase subsidy policy will end on December 31, 2022, and countries that have licensed vehicles will no longer grant subsidies after that. According to experts, it seems that with the withdrawal of “state subsidies” for new energy vehicles, models of different levels of new energy vehicles will face great cost pressure. It is expected that in the future, most independent brands will balance costs through various strategies such as price increases, relatively low-priced lithium iron phosphate batteries, and developing support from a number of second-tier battery suppliers. New energy vehicle companies should move towards high-end and intelligence to minimize the impact of changes in the cost of “rigid” materials.